The Quiet Exits to Keep an Eye On | Decoding Exits - August '26
Blume VenturesSeptember 24, 202600:07:20

The Quiet Exits to Keep an Eye On | Decoding Exits - August '26

In this month's Decoding Exits, Karthik Reddy (Co-founder & Managing Partner, Blume Ventures) breaks down two secondary transactions from August 2026: Yulu's Series C and Third Wave Coffee's growth round and what they tell us about how Indian companies are cleaning up cap tables ahead of IPO windows.

Karthik's big thesis: secondary transactions are being used to quietly clean up cap tables. Neither of these is a headline exit — both are deliberate, pre-IPO housekeeping.

🛵 Yulu - Series C (~₹601 Cr) a Blume portfolio company. Led by GEF Capital Partners.

☕ Third Wave Coffee - Growth Round (₹408 Cr). Led by WestBridge Capital + Creaegis.

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